In reality, BBC's World Service is directly funded by the US State
Department and is insidious propaganda admittedly designed to
politically subvert not only China, but Iran, Russia, and many other
nations perceived by Wall Street and London as intolerable competition.
In March of 2011, the London Guardian in its report, "BBC World Service to sign funding deal with US state department," stated explicitly:

The BBC World Service is to receive a "significant" sum of money from
the US government to help combat the blocking of TV and internet
services in countries including Iran and China.

In
what the BBC said is the first deal of its kind, an agreement is
expected to be signed later this month that will see US state department
money – understood to be a low six-figure sum – given to the World
Service to invest in developing anti-jamming technology and software.

The funding is also expected to be used to educate people in countries
with state censorship in how to circumnavigate the blocking of internet
and TV services.

It is understood the US government has decided the reach of the World Service is such that it makes investment worthwhile.

This would not be the first time the BBC has accepted money from
organizations with their own agendas. In 2008, the corporation faced
accusations of pro-Europe bias after it was revealed it had taken out US
$230 million in loans from the EU. The loans were given by the European
Investment Bank, which strives to promote EU policies.

Member of European Parliament Gerard Batten has a long-running beef with the BBC."It
is institutionally politically biased, certainly in favour of things
like the European Union, mass immigration, and a whole other host of
‘politically correct’ ideas that I think it peddles to the public,” he told RT.

Batten says taking this money would expose the hypocrisy at the heart of the BBC.

"The EU bans sponsorship of any news and current affairs TV programs across the EU,” Batten said. “Now
it would appear then, that if the US State Department is going to fund
BBC that would appear to be in breach of the directive."

Biased, politically motivated enterprises like BBC's World Service in
fact represent a breach of journalistic ethics, and not only was
Beijing's decision to shut down World Services highly appropriate (if
they in fact have done so), but so too would an investigation in both
the US and the UK seeking to ascertain why in an economic crisis, money
is being spent to sow political subversion overseas for the sake of
corporate special interests, when people at home direly need assistance.

The BBC is an organization mired in controversy, and repeatedly exposed
as exploiting people's trust in their reputation to push the agenda of
well-paying special interests. The coordinated effort by the Western
media to spin the BBC's latest confrontation from a well equipped
nation-state who has decided to pull the plug, is indicative that the
rot that has infected BBC, has spread far and wide across the West
indeed.